Fusion Applications - Global Payroll - 401k Catch Up Result Stopped Processing
(Doc ID 2582254.1)
Last updated on JUNE 17, 2022
Applies to:
Oracle Fusion Global Payroll Cloud Service - Version 11.13.19.07.0 and laterInformation in this document applies to any platform.
Goal
There is an employee for which 401k catchup contributions have stopped processing.
His last contribution was DATE1 and his YTD balance is VALUE1. He has a 4% deferral and 4% catch-up. It did not process since DATE2 and he has not met the IRS cap of VALUE2.
Solution
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In this Document
Goal |
Solution |